Property Markets / Outlook

House price growth set to moderate, not fall.

Property Markets / Outlook

Share this Article:

But the economy is more valuable to any sudden changes in the market due to increased household debt, say professional services firm Deloitte.

The firm’s 2018 Real Estate Outlook report revealed that residential prices in Sydney and Melbourne rose more than 70 and 50 per cent respectively between December 2011 and September 2017.

Price growth in Perth and Brisbane was slow, and Darwin prices fell.

The report also said the underlying demand within the residential market, with strong population growth expected to continue into 2020.

According to The Australian, Delloite says national housing market remained attractive to foreign investors, while currency movements were making Australia look even more desirable.

Listed property trusts have shown a mixed performance across the sectors, Delloite says, while valuations for commercial property rose along with local and foreign demand for yield-bearing investments.

Login into your MP Report account

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.